From my memory the team said last year at the zoom meeting that at the moment we will be producing a very low grade iron ore. It will take 15 to 20 mill to make the correct upgrades to the plant to mine the higher grade ore.
if the crew can get sales and revenue in regards to the concrete aggregate and we can get enough funding to provide those upgrades then that's when we can start making some decent profits.
Until then I think any sort of revenue and out of suspension is a big positive for Freehill. Since most junior exploration companies never make it to production.
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From my memory the team said last year at the zoom meeting that...
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0.8¢ |
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Mkt cap ! $23.99M |
Open | High | Low | Value | Volume |
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5 | 1252013 | 0.006 |
4 | 700198 | 0.005 |
2 | 3125000 | 0.004 |
1 | 1000000 | 0.003 |
Price($) | Vol. | No. |
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